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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

Strong Downtrend (-100) - ARSCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSCOP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ARSCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSCOP
Open High Low ARSCOP Price Change
4.3110982 4.3110982 4.3110982 4.3110982 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ARSCOP

long term down The long-term trend has been DOWN since Sep 8th, 2022 at 31.3392490

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 4.3209496

short term down The short-term trend has been DOWN since Sep 20th, 2024 at 4.3748842

Smart Scan Analysis for ARSCOP

Based on our trend formula, ARSCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3110982 4.3110982 4.3110982 4.3110982 0.0000000
Prev. Close Volume Bid Ask Time
4.3110982 2024-10-12 02:46:23
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